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07-29-08 Item 2aSouth Miami AFAmmlcaMy CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER - OFFICE MEMORANDUM 2001 To: The Honorable Mayor Feliu and Members of City Commission Via: Ajibola W. Balogun, City Manager ' Matilde Menendez, Finance Director From: Kathy Vazquez, Purchasing M Date: July 29, 2008 Subject: Expenditures over $5,000.00 On March 10, 2005, the City Commission requested that purchase expenditures in excess of the $5,000.00 be reported via the City Managers report instead of a Resolution. This procedure was developed with the intent of full disclosure of expenditures expected to exceed $5,000.00 during a fiscal year. During the current fiscal year several reports have been submitted advising you of estimated expenditures and changes for the current fiscal year. During our routine monitoring of the vendors we found that the following vendors are expected to exceed $5,000.00 and /or are also expected to exceed the previously approved amount during the current fiscal year 2007/2008. Vendor name Schaefer Systems Intl. National Outdoor Furniture Worthington Direct Description of sys Garbage Containers Comm. Ctr outdoor furn School furniture Est. Expenses for FN 07/08 $ 10,000.00 $ 8,000.00 $ 6,000.00 All vendors will continue to be monitored throughout the remainder of the fiscal year for Charter compliance by Central Services. There will be additional reports through out the fiscal year as vendor expenditures either increase or new vendors are selected. Please let me know if you have any questions.